AP Isolering ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About AP Isolering ApS
AP Isolering ApS (CVR number: 39175509) is a company from MIDDELFART. The company reported a net sales of 3.2 mDKK in 2023, demonstrating a growth of 25.8 % compared to the previous year. The operating profit percentage was at 10.7 % (EBIT: 0.3 mDKK), while net earnings were 280.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 31.4 %, which can be considered excellent and Return on Equity (ROE) was 34 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 79.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. AP Isolering ApS's liquidity measured by quick ratio was 3 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 3 939.50 | 3 579.59 | 3 109.60 | 2 567.85 | 3 229.28 |
Gross profit | 2 573.36 | 2 166.03 | 2 018.04 | 1 536.90 | 1 934.55 |
EBIT | 400.72 | 150.62 | 27.82 | -41.58 | 346.93 |
Net earnings | 312.56 | 116.23 | 19.11 | -43.70 | 280.28 |
Shareholders equity total | 880.10 | 993.61 | 900.44 | 743.26 | 905.98 |
Balance sheet total (assets) | 1 218.24 | 1 298.09 | 1 249.72 | 1 064.03 | 1 143.37 |
Net debt | - 301.21 | - 362.11 | - 406.63 | - 118.96 | - 302.51 |
Profitability | |||||
EBIT-% | 10.2 % | 4.2 % | 0.9 % | -1.6 % | 10.7 % |
ROA | 39.4 % | 12.0 % | 2.2 % | -3.6 % | 31.4 % |
ROE | 43.0 % | 12.4 % | 2.0 % | -5.3 % | 34.0 % |
ROI | 55.1 % | 16.1 % | 2.9 % | -5.1 % | 42.1 % |
Economic value added (EVA) | 300.29 | 101.37 | 2.94 | -53.42 | 261.82 |
Solvency | |||||
Equity ratio | 72.2 % | 76.5 % | 72.1 % | 69.9 % | 79.2 % |
Gearing | |||||
Relative net indebtedness % | 0.9 % | -1.6 % | -1.8 % | 7.9 % | -2.0 % |
Liquidity | |||||
Quick ratio | 2.9 | 3.6 | 2.7 | 1.9 | 3.0 |
Current ratio | 3.6 | 4.3 | 3.6 | 3.0 | 4.4 |
Cash and cash equivalents | 301.21 | 362.11 | 406.63 | 118.96 | 302.51 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 59.4 | 64.6 | 44.4 | 61.4 | 42.8 |
Net working capital % | 22.3 % | 27.8 % | 29.0 % | 25.1 % | 25.0 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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